Our Fees

PRICE DETAILS

We may be able to discuss set fees depending on the type of service required, your specific circumstances, and the complexity of the work involved. Find information on what we charge for our services including pension transfers, cashflow planning and ongoing services.

Initial meeting

An initial meeting (of up to an hour) is offered at our cost with no obligation on you to use us, or go ahead with anything.

Advice Fees

Our standard fees are set out below - a set fee may be agreed, depending on your specific circumstances, and the complexity of the work involved.

We will always tell you exactly how much you will pay before you agree to proceed with our services. The agreed fee may be paid by invoice or provided by an adviser charge from your investment or pension and paid by the product provider, if a product is implemented for you.

Cashflow planning

We offer a lifetime income and expenditure cashflow service for both pre and post-retirement scenarios.

Cashflow Analysis and Report - £1,000

Set Pension Analysis fees

We offer set fees to analyse different types of pension, produce a report and make a recommendation on the options available to you.

Initial meeting and completion of a full factfind, looking at current assets and liabilities, and incomes and expenditures, as well as expected changes in the future and in retirement

Discuss what your aims and plans are for the future

Discuss your Attitude to Risk and your Capacity for Loss

Transfer Value Analysis of the defined benefit pension and the CASH EQUIVALENT TRANSFER VALUE to establish the 'critical yield' (the break-even growth rate to match the benefits you are giving up)

Cashflow scenario report of your current situation – keeping the defined benefit pension in place and whether you have enough money to survive NOW, and in retirement

Model scenario 2, moving your defined benefit pension to a new personal pension and taking flexible access drawdown and whether you have enough money to survive NOW and in retirement

Model scenario 3 which is moving your defined benefit pension as per model 2 but we will also STRESS TEST it by looking at investment volatility and whether you’d have a problem in the event of a market downturn

We will write you a suitability report making a recommendation to either KEEP the defined benefit pension or MOVE it to a personal pension

We will sign any paperwork (as pension transfer specialists) required by the pension trustees to confirm we have provided you with appropriate financial advice

This analysis fee does not involve the implementation of any advice nor the recommendation of a suitable pension product provider

Initial meeting and completion of a full factfind, looking at current assets and liabilities, and incomes and expenditures, as well as expected changes in the future and in retirement

Discuss what your aims and plans are for the future

Discuss your Attitude to Risk and your Capacity for Loss

Pension Switch Analysis of the defined contribution pension and the TRANSFER VALUE to compare the current charges to alternative providers, as well as analysing the options available to access income

Cashflow scenario report of your current situation – keeping the defined contribution pension in place and whether you have enough money to survive NOW, and in retirement (by way of the income option offered to you by the pension)

Model scenario 2 (potentially multiple scenarios), scenarios presenting the various income options available (flexible access drawdown, annuity, etc.) and whether you have enough money to survive NOW and in retirement AND STRESS TESTING those options by looking at investment volatility and whether you’d have a problem in the event of a market downturn

We will write you a suitability report making a recommendation to either KEEP the defined contribution pension or MOVE it to a more suitable personal pension

This analysis fee does not involve the implementation of any advice nor the recommendation of a suitable pension product provider

£1,500

Pension Implementation fees

If following our pension analysis you request our assistance in implementing the advice which would include:

We would research and identify the most suitable pension to meet your needs, whether that be a personal pension, SIPP or SSAS, and confirm our recommendation in a suitability report

Complete all paperwork to complete the transfer

Complete all paperwork to set up the new pension

Deal with the transferring pension administration team to ensure the transfer completes as smoothly as possible

Complete necessary paperwork to take tax free cash if required

Agree an appropriate investment strategy to meet your needs for the remainder of your pension funds

Complete paperwork to carry out the required investments to meet your goals

Pension Transfer/Switch – Defined Benefit and Defined Contribution

1% of the (Cash Equivalent) Transfer Value

Subject to a minimum of £1,000 per pension - a set fee may be agreed, depending on your specific circumstances, and the complexity of the work involved.

(E.g. for a transfer value of £50,000, the fee would be £1,000 OR for a transfer value of £300,000, the fee would be £3,000)

Specialist pension work implementation fees

(Please note: These are charged on top of the pension implementation fees listed above.)

Annual service (less involved)

If annual review meeting is not opted for, portfolio report will be provided by post or email

All correspondence and emails replied to or, when more involved, acknowledged within 48 hours

Unrestricted telephone access with an adviser, all telephone calls will be returned within 4 hours during our working week (9am-5pm, Monday-Friday)

£750 p/a (subject to change)

Ad-hoc service

The Ad-Hoc service is for those clients who do not want to opt for the Active or Annual services detailed above. Any future work carried out will be charged as and when the work is requested, in line with our published charges applicable at that time.